Hong Kong's approval of bitcoin and ether ETFs signals its growing role in cryptocurrency innovation, contrasting with China's stricter stance. While this move promises investment opportunities and financial growth, it also poses risks due to cryptocurrency volatility and regulatory uncertainties.
AnaisBitcoin's upcoming halving will slash miner rewards, potentially causing a $10 billion annual revenue drop. Miners face increasing competition for power and must innovate to survive.
WeatherlyDonald Trump sees a noteworthy downturn in his cryptocurrency investments with his current crypto holdings valued at $5.3 million —a loss close to $3 million.
CatherineBinance NFT platform will cease Bitcoin NFT trading and deposits starting April 18th, 2024, at 14:00 GMT. Additionally, related airdrops and benefits will be terminated from April 10th, 2024. Users are urged to withdraw their NFTs before the specified dates to avoid potential losses.
Cheng YuanADA faces challenges as whales exhibit apathy towards its recovery, coupled with its removal from a major fund, signaling potential further struggles ahead.
BerniceWhile Genesis' Bitcoin investment strategy offers potential upside, the company faces substantial hurdles in its journey towards financial rehabilitation.
SanyaSouth Korean political parties vie for voters' favor by promising access to US Spot Bitcoin ETFs. However, forthcoming regulations on digital assets pose potential challenges.
BerniceThe individual in question used illicitly obtained funds to acquire DeGods #2921 and y00t #10991.
KikyoLightspark highlights that the integration with Coinbase aims to divert a greater volume of transaction activity away from Bitcoin's primary layer, which has seen a significant rise in fees over the past year.
CatherineBitfarms' significant investment signals its commitment to staying competitive in the evolving mining landscape. Meanwhile, Giga Energy's expansion highlights the industry's exploration of sustainable energy sources. Despite these advancements, challenges such as equipment importation delays pose obstacles to full-scale operations.
SanyaThe Japanese National Tax Agency (NTA) reveals an increase in crypto tax violations, with 548 cases identified out of 615 inquiries in the fiscal year 2022. Although the average undeclared income per case dropped to $206,000, the cumulative value rose to $126.5 million, prompting calls for tax system reforms in Japan amid criticisms of the current structure's impact on firms holding coins.
JixuIsrael's parliament, the Knesset, has given initial approval to a bill that seeks to extend tax benefits currently available to ...
BitcoinistThe financial regulator reportedly unintentionally included 650 names and email addresses in communications with blockchain firm Green as part of an investigation.
OthersAuthorities in Romania have conducted over a dozen raids on individuals suspected of concealing earnings from bitcoin enterprises.
OthersThe LUNC community has voted to reduce the tax burn rate from 1.2% to 0.2%.
BeincryptoLawmakers in a European country have drafted a 2023 budget that revealed a 28% tax on crypto assets held for under a year.
BeincryptoStaking is likely to become mainstream, which could prove rather costly for U.K. taxpayers.
BeincryptoBeincryptoThe Portuguese Minister of Finance had recently declared that cryptocurrencies in the country will soon be subject to capital gains taxes.
CointelegraphYield-generating app Stablegains, which is facing a lawsuit that lost about $44 million worth of user funds in the Terra crash, has previously said it allocated the funds to "multiple stablecoins."
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